Standard Chartered S’pore offers up to 1.88% p.a. in Latest FD promo rates from 9 Dec 2025

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Standard Chartered Bank (Singapore) Limited has refreshed its Singapore Dollar Time Deposit promotion, giving savers a straightforward way to earn higher short-term returns on their cash while keeping risk relatively low.

Update 31 Dec: 1-mth 1.88% p.a. tenor no longer offered. Updated page here

From 9 Dec 2025, eligible customers can earn up to 1.88% per annum (p.a.) on fresh Singapore Dollar (“SGD”) funds placed into this promotional Time Deposit. This round, the promotional rates remain the same as the 1 Dec update, but there is now a new 1-month tenor that also pays 1.88% p.a., provided customers meet the higher minimum placement amount.

Key features of the promotion

• Promotion applies to Singapore Dollar Time Deposits placed with Standard Chartered Bank (Singapore) Limited from 9 Dec 2025.
• Available tenors: 1 month and 6 months, giving customers flexibility between very short-term parking of funds and a slightly longer lock-in.
• Promotion is only applicable to Fresh Funds placed into eligible deposit accounts before making the Time Deposit placement.
• Customers can place the promotional Time Deposit conveniently via Online Banking or the SC Mobile app, without visiting a branch 🙂.

Promotional interest rates

Enjoy a promotional rate on a Singapore Dollar Time Deposit when placing at least S$25,000 in Fresh Funds, subject to the minimum amounts for each tenor and relationship segment.

The table above shows that the headline 1.88% p.a. rate applies to the 1 month tenor only, and requires a higher minimum placement of S$200,000 in Fresh Funds. The 6 months tenor is more accessible from S$25,000, with relationship-tiered rates of up to 1.25% p.a. for Priority Private clients.

The promotional interest rates are only applicable if the Time Deposit is held until the maturity of the selected tenor. Customers who make an early withdrawal may receive a lower interest rate or no interest at all, depending on the bank’s prevailing policy, so it is important to review the terms carefully. Standard Chartered Singapore Dollar Time Deposit December 2025 Fresh Funds Promotion Terms and Conditions apply.

What counts as Fresh Funds?

For this promotion, Fresh Funds refer to funds that do not originate from any existing account with Standard Chartered Bank (Singapore) Limited and that have not been withdrawn and re-deposited within the last 30 days before opening the Time Deposit. This means customers typically need to transfer in new money from another bank or from outside the Standard Chartered group, or bring in cash or cheque deposits that meet the bank’s definition of Fresh Funds.

How to place the Time Deposit via SC Mobile or Online Banking

The SC Mobile app provides a quick, intuitive interface for placing the Time Deposit, while Online Banking offers similar functionality on desktop. A typical placement journey may look like this:

• Log in to SC Mobile or Online Banking using the customer’s Standard Chartered credentials.
• Select the “Time Deposits” or equivalent menu option.
• Choose “Singapore Dollar Time Deposit” and select the desired tenor (1 month or 6 months).
• Confirm that the source account holds sufficient Fresh Funds that meet the minimum placement amount for the chosen tenor.
• Review the placement details, including the interest rate, principal amount and maturity date, then confirm the Time Deposit placement.

The screenshots below illustrate how the placement journey may look within the app for this promotion:

Where to find full details

For full details and to start the application journey, customers can visit the official campaign page here. It is strongly recommended that customers read the terms and conditions (PDF) carefully so that they fully understand the eligibility criteria, how interest is computed and the implications of any early withdrawal.

Those who are comparing across different banks in Singapore can also refer to this handy Singapore deposit rate comparison guide for an overview of the latest fixed deposit, time deposit and savings promotions available islandwide. This can help customers see how Standard Chartered’s 1 month and 6 months Time Deposit rates stack up against other banks’ offers.

Who might this promotion suit?

• Customers who have spare SGD savings that are not needed for day-to-day expenses and are comfortable setting them aside for 1 month or 6 months.
• Individuals or households who prefer the certainty of a fixed interest rate over market-linked returns.
• Higher-balance customers who can place at least S$200,000 in Fresh Funds and wish to capture the promotional 1.88% p.a. rate for the 1 month tenor.
• Customers who already qualify for Priority Banking or Priority Private relationship tiers and want to make use of their higher 6 months rates.

As with any financial product, customers should consider their own cash flow needs, emergency savings and overall financial goals before committing to a 1 month or 6 months lock-in, and may wish to seek independent financial advice if they are unsure whether this product suits them.

Conclusion

From 9 Dec 2025, this refreshed Standard Chartered Singapore Dollar Time Deposit promotion offers a straightforward way for customers in Singapore to earn a higher return on short-term cash. The 1 month tenor rewards larger balances with a headline 1.88% p.a., while the 6 months tenor provides a more accessible entry point from S$25,000, with rates of up to 1.25% p.a. for Priority Private clients. Customers who are comfortable locking in funds for 1 month or 6 months and who value capital stability over higher-risk investments may find this promotion a useful addition to their savings strategy, provided they review the full terms and conditions and align the placement with their overall financial plan.

Standard Chartered Bank (Singapore) Limited reserves the right to amend, suspend or withdraw the promotion at its discretion.

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